define parcel
... a real estate term
define participant
... as
in mission participant
define peak performance:
... an attitude carried out in practice that
has self-motivation and goal orientation as two of its
distinguishing features. It's wrong to refer to a peak
performer as a workaholic. The latter can be identified
by a focus on busy-work whereas the peak performer sets
goals and adjusts priorities see How
Peak Performers Differ From Workaholics, Charles
Garfield.
performance based management:
... the handling, directing, or controlling of
employees based on measuring how successful they are in
performing tasks or assignments. Goals are set for them
and rewards are based on individual achievement. Numerous
terms move in and out of fashion related to performance-based
management, all related to ongoing efforts to raise performance
to the maximum and control costs by rewarding individual
workers based on contributionsee productivity.
performance/process improvement:
... actions taken to increase productivity, for
example by pursuit of excellence;
an economic
development tool when used in specific situations
that result in retention, expansion and investment in a location;
a jobs retention tool when successfully applied within
a enterprise of value to a community having an economic
development best practices program in place.
performance stepchange:
... a
highly focused approach to teaching or coaching for performance
improvement that combines state-of-the-art methods
and computer monitoring of productivity and customer
reactions. A trademark for computer monitoring software
used to support a stepped approach to making changes
for process improvement or
using performance-based management.
define personal contact
define personal webpage
define Peter Principal:
... a principal set forth by Laurence Johnston
Peter (1919-1990) stating that people rise through the
employee ranks until they reach a level of incompetence.
The parodical term Peter-Out
Principal was more recently defined in the book Free
Agent Nation.
phishing:
... the act of misusing an email address or similar
identity for the purposes of perpetrating a prank, scam
or other cybercrime.
define place ... as in a location of interest
to enterprise
developers and site
selectors.
define places seeking economic development ... as economic development locations.
define planned community development:
... a
place for people and a sustainable economy laid out
in advance of its occupancy; a new
town resulting from a project for improving real
estate so that a residential combined with a commercial and,
sometimes industrial market,
can be accommodated. Planned community development efforts
are usually government controlled so that land for infrastructure
such as schools, supporting utilities and public
services is set aside. Government may also oversee
environmental protection, for example requiring the setting
aside of green spaces. For more information
see Planned
Communities / New Towns (George
Mason University Libraries).
plant site:
... an industrial site;
location of a manufacturing or processing plant; real estate
under consideration for the location of an industrial operation.
For example, the expression Plant Site Locators (see PSL)
was used in the 1990s to identify a site selection service
somewhat similar to that of the
Site
Selection Directory, but not free and open online as
is the case with the latter. PSL
no longer exists. The Site Selection Directory is not limited
to industrial site searches.
PSL
... initials that stood for Plant
Site Locators. A service that brokered information
about plant
site location projects to places that wanted economic
development prospects.
post:
... to publish something, for example, to post an
announcement of an economic
development project and site
selection criteria online. The posting of such a notice
in the Site
Selection Directory is a free service offered to economic
development prospects by The Network.
power / power cost:
... energy used in the operations of an enterprise. Power
cost or energy cost are categories of location
data. Enterprise
developers and site
selectors want to know what the cost of power will
be in a location. CLICK
HERE for an example of the power cost used by a data
broker or copy
and paste the following italicized words in the search
box below. Select
the search button. Substitute the name of a place
of interest to you for the word location inside the quotation
marks. Search the Web for ... site
selection power cost "location"
pre-employment training:
... training provided before employment in order
qualify a potential worker for a job. When used for
labor screening it offers the advantage of lessening
the risk
of mismatch which makes pre-employment training exceedingly
more practical than OJT (On-the-Job-Training).
pro-business:
... an attitude that supports enterprise
development; an attitude that a place seeking
economic
development should have which is reflected
by such incentives as right-to-work and
tax laws; a category of location
data that makes a
statement about the business
environment in an area,
for example, the term may be used as a header in a
community
profile under which is listed things that
make the place attractive
to enterprise
developers.
process-based management:
... the handling, directing, or controlling of
operations, actions, or a series of systematic changes
by continuously assessing, analyzing, and improving them.
production skills:
... the demonstrated proficiency, facility, or
dexterity of a worker or group which leads to a measurable
productivity level; the abilities necessary within a workforce in order for it to produce certain goods or services;
an attribute within a labor
pool that attracts the attention
of a potential employer, say, an economic
development prospect;
productivity
skills.
productivity:
... output determined after taking input into
account during production which is the ability to create,
furnish or supply something that has an exchange value;
therefore, it is the power to produce at a rate that can
be anticipated, set, or measured. Workforce productivity
is an extension of the power of individuals. Work ethic
(a dedication to quality production combined with an
appreciation for having specific and individual
opportunities to engage in work) is a factor
in productivitysee voice
of the customer. Assumptions about the work ethic
in a location impact
economic developmentsee
the definition of pro-business.
profile:
... a brief that summarizes information
about something or presents its distinctive
features or characteristics, for example, a data
profile which
is a description of a coherent collection of ... factual
information, especially information organized for analysis
or used to reason or make decisions (source
of quote); a project profile.
Other types of profiles meaningful to the .network mission are area
profiles, community
profiles, location
profiles, regional
profile, and economic
development profiles, all of which may be accessed
for specific places
of interest through the Area
Development section of the Economic
Development Network website when users request or suggest
links.
Send
an email without incurring any obligations to us
if you would like to help build The
Network as
a resource for gathering
location data. Links to resources
are published for
free.
An economic development profile is a format for presenting
facts about a location so
as to attract the attention of economic
development prospects. See the definitions of country
profile and community
profile.
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what is the best way go about
gathering as well as presenting information
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profiling:
... a research or investigative technique for
determining group characteristics and using them to reduce
the number of selection optionssee
the definition of location
profiling.
project:
... a managed undertaking preceded by
planning. It's documentation is covered by a Scope
Of Project (SOP) or profile. Documentation
that includes specifications facilitates
communications with resource
and service providers. Specifications or selection
criteria are important for collecting information
from .network mission
contacts. Data collection proceeds project
management decisions at various stagesSite
Location Assistance.com lists
three
stages for gathering information during site
selection projects. The stages are applicable
to enterprise
development and economic
development projects.
Economic develoopment project: Any planned undertaking
that offers the possibility of bringing about economic
development. Experienced economic
developers generally ask prospects for project
profiles and specifications when
called upon for location data. Most certainly economic
developers need such input from prospects before being
asked to help cut red
tape or to put deals that requires incentive
offers on the table before the locations they
represent.
project announcement:
... a profile with
delineation of wants and needs published or otherwise placed
before the eyes
of resource and service providers with the intent to they
should respond. For example, a project announcement of
a search for a location published in the Site Selection
Directory in order to request information for a project.
A project announcement may also be used to inform the public
of something significant that happens during the course
of an enterprise development project. For example, a chamber
of commerce may announce that a company has chosen its
community as the site of an operation that will create
a number of new jobs.
project criteria ... see project
specifications.
project profile:
... a brief that summarizes information
about an enterprise
development, site selection or economic
development project, or presenting its distinctive features
or characteristics. A profile as defined here typically
covers a set of specifications
or requirements. In the case of a site
selection project, the profile covers a set of selection
criteria and is intended for distribution to location
data suppliers. Effective communicators
announce their projects in ways that get the attention
of contacts
so that they are motivated to respond in a timely manner ... (source
of quote). A profile
may be referred to as a scope of a
project.
project scope / scope of project:
... the full range of what is needed and wanted
to take a project to its conclusionmore.
project specifications:
... specs;
documentation of requirements for taking a project to
successful conclusion.
Selecting the last link in the previous sentence will take
you to information in the
resource archive of the Enterprise
and Economic Development Library about how
projects begin and end. The information includes suggestions
of three
stages of a project broadly presented.
PSF ... Project Specifications Form. See
project specifications defined above.
project status:
... where things stand with a project. Three
levels of project status are suggested for your consideration
under Quick
Step Enterprise Development: a brief look at the process
in five steps. They are project
status ... (1) tentative,
(2) preliminary,
and (3) active.
These are especially useful classifications in helping .network mission
contacts determine how to expend resources on
providing assistance to prospects. A
tentative site
selection project on the one hand may only require
sending a location
package and following up by telephone, whereas
one that's active project
may require traveling to make face-to-face
or taking advantage of an opportunity to mutually attend
a
networking
event to become acquainted.
profit:
... the remainder after the total cost of doing
business is calculated and subtracted; value that is clear
of all costs; i.e., clear profit. An economic profit
is the return a business makes on invested capital, minus
the cost of capital, times the amount of invested capitalsource.
promise of The Network
... the .network search
promise, a commitment
to provide personal search assistance for free when requested
to do so by those who choose to join in on the mission
of The Network.
property ... real
property, that which is owned
and deemed to have value.
property assets:
... items of economic value that can
be converted to cash which are classified as real
estate; physical
valuables ( real
property) such as
land and buildings or facilities. A
manager of property assets for an enterprise may
carry a title such as corporate real estate director. See
the
definitions of corporate management and corporate
real estate executive.
prospect:
... a business
development target; an enterprise or
person with whom a .network mission
contact seeks
to build or maintain a relationship; an enterprise
developer or site
selector engaged with or targeted for engagement
by resource
and service providers during the course of a project; a suspect
upgraded and given attention as necessary to build or sustain
a working relationship; an economic
development prospect; an enterprise
development prospect; a site
selection prospect; a member of
the .network target
audience.
prospect development:
... activities surrounding a systematic
search for prospects; something area
and local development representatives are typically
expected to do as they carry out their responsibilities
for marketingsee
the .network file
on economic development marketing.
prospect information:
... that which is requested or wanted by an enterprise
developer or site
selector, especially location
data in the latter case. The ability to find location
data suppliers can be useful.
prospect services:
... that which is available for or is provided
to a prospect. For example, local
development representatives should be positioned
to provide prospect information when
called upon to do so but their services may go beyond that.
Savvy
business
decision makers may need to know about the ones
who can help cut red
tape or otherwise facilitate enterprise
development.
public-private partnership:
... a venture entered into jointly by a government
and non-government entity, generally as a means for organizing
the financing and/or management structure for public use
or the public good.
public-sector financing:
... obtaining and/or using government controlled
funds which are made available as incentives to entice
private sector participation in financing projects. Lessons from the Field (Northeast-Midwest
Institute) has is a source of information about public-sector
financing programs. See the definition
of public-private
partnership and the list
of various programs that
US members of the .network target
user group have asked about over the years.
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